Speeding up Cash Flow Tip #1: Collect retainers up front.
This tip offers at least four benefits:
1. Confirms clients’ committment of your agreement, which includes their making payment for your service or product.
2. Reduces your risk of not getting paid because you have already received partial payment.
3. Requires the use by your client of a minimum number of your billiable hours.
4. Provides cash now.
Contact us for more in-depth consult on specific ways to imporove your organization’s cash flow.